Tuesday, December 2, 2008

YTLPOWER TO ACQUIRE POWER SERAYA

As per the title, need I say more? Awesome acquisition indeed.


"The Board of Directors is pleased to announce that the Company has today entered into a Share Purchase Agreement with Temasek Holdings (Private) Limited to acquire a 100% interest in PowerSeraya Limited for a purchase consideration of S$3.6 billion. The full text of the announcement is attached hereto."



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